The global public key infrastructure market attained a value of USD 1.4 billion in 2018. The industry is further expected to grow at a CAGR of 14.9% in the forecast period of 2019-2024 to reach almost USD 2 billion by 2024. The increasing trust on online sellers and clients and the rising malware and file-based attacks are expected to drive the industry growth. North America is anticipated to hold the largest market share between 2019 and 2024 due to the high adoption of public key infrastructure solutions.
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